REVENUES | |
Base rents | 124.22M |
Escalations and recoveries from tenants | 14.11M |
Construction services | |
Real estate services | 6.47M |
Other income | 893K |
Total revenues | 149.23M |
EXPENSES | |
Real estate taxes | 22.42M |
Utilities | 10.95M |
Operating services | 24.02M |
Direct construction costs | |
General and administrative | 12.76M |
Depreciation and amortization | 43.46M |
Total expenses | 121.86M |
Operating income | 27.37M |
OTHER (EXPENSE) INCOME | |
Interest expense | -22.93M |
Interest and other investment income | |
Equity in earnings (loss) of unconsolidated joint ventures | -614K |
Total other (expense) income | |
Income from continuing operations | |
Discontinued operations: | |
Income (loss) from discontinued operations | |
Realized gains (losses) and unrealized losses on disposition of rental property, net | 27.12M |
Total discontinued operations, net | |
Net income | 54.37M |
Noncontrolling interest in consolidated joint ventures | |
Noncontrolling interest in Operating Partnership | |
Noncontrolling interest in discontinued operations | |
Preferred stock dividends | |
Net income available to common shareholders | 48.39M |
Basic earnings per common share: | |
Income from continuing operations | |
Discontinued operations | |
Net income available to common shareholders | 0.54 |
Diluted earnings per common share: | |
Income from continuing operations | |
Discontinued operations | |
Net income available to common shareholders | 0.54 |
Basic weighted average shares outstanding | 89.74M |
Diluted weighted average shares outstanding | 100.4M |